To direct the Secretary of Housing and Urban Development to annually submit to the Congress a report that analyzes State and local strategies, activities, and plans that promote affordable housing, and for other purposes.
This bill, introduced by Representative Cherfilus-McCormick, would require the Department of Housing and Urban Development (HUD) to annually send Congress a report analyzing state and local strategies, activities, and plans aimed at promoting affordable housing. The report would be based on information from the Regulatory Barriers Clearinghouse (RBC) and would include policy recommendations for Congress to support successful state and local efforts. The overall goal is to use ongoing state and local initiatives to guide federal response and policy to address the national housing shortage and affordability crisis. The bill would amend the Housing and Community Development Act of 1992 (Section 1205) by adding a new subsection (e) that mandates the annual report to Congress, including (1) analysis of information described in subsection (a) (related to the RBC data) and (2) policy recommendations for Congress to facilitate successful state/local strategies.
Key Points
- 1Creates an annual reporting requirement for HUD to Congress, focused on analyzing state and local affordable housing strategies using data from the Regulatory Barriers Clearinghouse.
- 2Requires HUD to provide policy recommendations to Congress based on that analysis to support or enable successful state and local efforts.
- 3Amends Section 1205 of the Housing and Community Development Act of 1992 to add a new subsection (e) formalizing the annual report.
- 4Leverages the Regulatory Barriers Clearinghouse as the information backbone for the analysis (a national repository of state/local housing laws, regulations, and policies and their effects).
- 5Aims to inform and shape federal actions to address the national housing affordability crisis by identifying which state/local strategies are effective.